The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
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Answer:
BK=3
CK=2.4
Step-by-step explanation:
Hope it works
Answer:
Q = (4, - 1)
Step-by-step explanation:
DF is the diameter of the circle with center Q.
So, Q is the midpoint of DF.
By mid point formula.
It’s c because I got it right on the test
This means 900÷1000 because 10 to the power of 3 is 1 and 3 zero which is 1,000. The answer will be 0.9
